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NYC-WTC_000187725
Label derived from the City's folder field. The City does not supply document titles.NYC-WTC_000187725–000187867Page image
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OCR status: ok · source: pdftotext
NYC 9/11 Public Portal Document
114
Table 4.8 A 5% Decrease In All Bus Commuting Times: Change in Benefits
Change in Benefi'bs
Change of %change Benefit Level Share(%) Housing Consumer Surplus $1,486,356,480/year 0.13 99.74 = $394/worker/year
Producer Surplus “$15,372,288/year “0.16 = “$4.17/house/year Total Rent “$15,450,828/year “0.10 = “$4.19/house/year Commercial Producer Surplus $3,817,472/year 0.35 0.26 = $0.02/sq ft/year Total Rent $5,735,538/year 0.35 = $0.03/sq ft/year Total Benefit = $1,474,801,664/year = $391/worker/year = $399/house/year = $0.97/trip
Eguiiibrjjjm Sjjmuiatdon 5j A Decrease in Auto Commuting and ShoBBingjrimes Simulation 5 confirms a similar result when auto commuting is affected. In this scenario, which simulates the effect of a 5% decrease in all auto commuting and shopping times, the commercial floor space sector represents the only positive source of value capture, as shown in Table 4.9.. This continues to be true when auto shopping times are decreased to 10% along with auto commuting times, as shown for benefits only in Table 4.10.
I I
CITY_21MC100_006662345
NYC-WTC_000187845
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NYC-WTC_000187845Source: NYC Law Department, mirrored locally
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